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Zinc of Ireland NL

ZMI.AX Technical Analysis Summary (ASX)

Analyze ZMI.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ZMI.AXASX
Basic MaterialsOther Precious Metals
$0.02
$0.002(9.09%)
Australian Market opens in 4h 58m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ZMI.AX Technical Analysis Summary (ASX)

Zinc of Ireland NL (ASX: ZMI.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 65.88)
Trend Strength:Strong (ADX: 38.83)
Support/Resistance:$0.02 – $0.02 (Bollinger Bands)

Technical conditions suggest Zinc of Ireland NL on the ASX is awaiting a decisive move. This mix signals that Zinc of Ireland NL is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 65.88

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.11

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.09

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 38.83

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 191.52

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Zinc of Ireland NL shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.02
Middle Band (SMA 20)
$0.02
Lower Band
$0.02
Current Position
Above Upper Band

Takeaway:Zinc of Ireland NL trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.02
Middle Line (EMA 20)
$0.02
Lower Channel
$0.02
Squeeze Status
No Squeeze

Takeaway:Zinc of Ireland NL trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-10.90M
Money Flow Index35.70Bearish, selling pressure outweighs inflows.
Relative Vigor Index25.49Bearish, price momentum favors sellers.

Overall Takeaway:ZMI.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Zinc of Ireland NL (ASX: ZMI.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Zinc of Ireland NL are mixed, suggesting a Hold or wait-and-see approach.

(ASX: ZMI.AX) Technical Analysis FAQ